Industrial Wireless Sensor Network Market Opportunity for Startups

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Opportunity Analysis and Industry Forecast,
2016-2023
Industrial Wireless Sensor Network Market
Global Opportunity Analysis and Industry
Forecast, 2017-2023
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Presently, North America dominates the
industrial wireless sensor network market.
However, China is expected to register the
highest growth in Asia-Pacific by 2023.
Moreover, the UK is anticipated led the overall
market in the European region in 2023. Presently,
the U.S. dominates the North American
market. Surge in popularity of industrial
wireless sensor technology has driven the market
growth. Furthermore, low cost and easy
deployment of industrial wireless sensor network
fuel the growth of the market. However, data
security and privacy concerns are expected
restrain the growth of the market.
INTRODUCTION
Industrial Wireless Sensor Network
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The Global Industrial Wireless
Sensor Network Market was valued at 573 million
in 2016, and is projected to reach at 1,200
million by 2023, growing at a CAGR of 11.0 from
2017 to 2023.
Overview
Industrial Wireless Sensor Network
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North America
U.S. Canada
Mexico Europe UK France
Germany Russia Rest of Europe
Asia-Pacific China South
Korea India Japan Rest of
Asia-Pacific LAMEA Latin America
Middle East Africa
By Geography
Industrial Wireless Sensor Network
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Top Impacting Factors
Industrial Wireless Sensor Network
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• Factors that are expected to impact the global
  industrial wireless sensor network market during
  the forecast period are as follows
• Surge in popularity of industrial wireless
  sensor network
• Low cost and easy deployment of industrial
  wireless sensor network
• Data security and privacy concerns
• Increase in industrialization in the emerging
  markets

Top Impacting Factors
Industrial Wireless Sensor Network
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• Key Findings of the Industrial Wireless Sensor
  Network Market
• Oil gas generated the highest revenue in
  2016.
• In 2016, the Wi-Fi segment accounted for the
  highest revenue in the industrial wireless sensor
  network.
• Asia-Pacific is anticipated to exhibit the
  highest revenue in 2023.
• The key players profiled in the report include
  ABB Ltd., STMicroelectronics, Honeywell
  International Inc., Texas Instruments, Inc.,
  Siemens AG, EndressHauser AG, Linear Technology
  Corporation, NXP Semiconductors, Schneider
  Electric, and Emersion Electric.

Key Findings
Industrial Wireless Sensor Network
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